Independent on Sunday: 'Five Gold Rings' riddle

[pomlazka]

The first letter of each answer makes a word often exchanged but rarely achieved at this time of year.

Questions (any my answers in CAPITALS):
1. I'm a hit but I'm also drunk and my wife doesn't understand me ... PUNCH
2. Immortal aristocrats or underground gift grafters? ELVES
3. An Arab name but a Chinese story (oh, yes it is!) ALADDIN
4. We're mad, good looking, on the pull ... CRACKERS
5. A sudden insight, inspired by followers of Zoroaster EPIPHANY

which makes the word 'PEACE'. However, I do not understand the references: "immortal aristocrats"; and
(b) "inspired by followers of Zoroaster"?

[ontarioice]

I think Tolkin referred to elves as immortal aristocrats.

[ontarioice]

The Magi were followers of the Zoroaster religion. They were witness to the Devine Manifestation of Christ's birth hence your epiphany.

[pomlazka]

Thank you, ontarioice.